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Sep 24, 2012 2:30pm PDT
member states such as spain, portugal, greece, and italy, as well as slowing growth in china and other emerging markets are leaving their mark on german businesses. exporters and manufacturers are worried. the 7000 companies surveyed are not just worried about the current climate. they are also increasingly pessimistic about the future. >> expectations are clearly down and we do not see any impetus for a turnaround. >> some economists fear the overall lack of confidence is a sign of a looming recession. in the bundesbank's's monthly report, the german central bank rights that it is convinced that the economy is not heading for a downturn, even though growth is slowing. >> on to the markets, the ifo reading combined with profit- taking, prompting investors to sell. our correspondent sent us this summary from frankfurt. >> the week of -- the weaker- than-expected reading of the ifo index dragged down the week. shares dropped. not many thought that the index would drop -- would bottom out. now they think the german economy will face some difficulties in the near future. there have been ma
Sep 15, 2012 11:30pm PDT
menos que el 2010. no se ve una pronta soluciÓn. noticiero univisiÓn. >>> portugal viviÓ hoy una jornada de manifestaciones, contra las medidas de austeridad del gobierno. de zonas de miles de personas, marcharon por las principales calles de lisboa. bajo el lema que se fas ti dye la... >>> que mantienen bajo estrecha vigilancia las finanzas de portugal. una marea humana se tomÓ las calles de madrid para protestar por los recortes aprobados por el gobierno conservador de mariano rajoy. que estÁ in cumpliendo las promesas electorales que le llevaron a obtener una aplastante mayorÍa absoluta hace 10 meses y por lo tanto piden un referendo. >>> ahora pasamos revisiÓn a lo que pasa en el mundo del deporte todo lo trae lycey. >>> que tal felix, buenas noches te salud de los estudios de univisiÓn deporte. en espaÑa real madrid y barcelona. con diferencia del cielo al infierno en inglaterra. el chicharito hernÁndez, jugÓ de titular y arrancamos con el fÚtbol mexicano. >>> arrancamos en el azteca las Águilas recibieron al campeÓn santos. juego repleto de acciÓn. al minuto 49 raÚl ji
Sep 16, 2012 11:30am EDT
you where your country is. the trajectory of debt and deficit and interest is as same as portugal, iraq, iran -- greece. >> poland is still in -- i won't go -- but it's sad and we take questions. we don't filter the questions. they can ask anything they want. they can be from aarp, seniors, teachers and they'll give us a standing ovation, thirsting for somebody to tell them the truth where their country is going. >> republican and democrat do that who really care about each other. >> you don't think we're getting that in this debate in this campaign season? >> i don't think there's nearly enough substance to me it's a real disappoint. why isn't there the substance? >> because it's hard. the problems are real and the solutions are painful. there's no easy way out and i think the candidates are afraid to stand up and say, look, we've got to make tough choices. we've got to have some shared sacrifice. >> bottom line in this, simpson-bowles proposed a way to deal with the debt crisis and what did it call for? >> basically what we want to do, reduce the deficit by $4 trillion. we didn'
Sep 6, 2012 6:30pm PDT
countries like spain and portugal. >> under appropriate conditions, we will have a fully effective backstop to avoid destructive scenarios with potentially severe challenges for price stability in the euro area. >> susie: but those bond purchases come with strict conditions, and the e.c.b. will only help those countries that follow the rules. to make his proposal more palatable, draghi agreed to waive the central bank's senior creditor status on any bonds it buys. that means private creditors would be treated equally in case of default. among e.c.b. members, only germany's bundesbank objected to draghi's plan. in a statement today, the bundesbank said its president regards the purchases as "tantamount to financing governments by printing bank notes." nick colas says the draghi plan buys time, but it still doesn't solve europe's growth problem. he's chief market strategist at convergex group. nick what do you think of this, does the program make sense, is it a good step? >> it is a very solid step and i think you saw the markets respond to that today. it's open-ended. it goes out through thr
Sep 1, 2012 6:07pm PDT
the paramount example of success in this regard is portugal. portugal 11 years ago decriminalized the possession of all drugs in personal use amounts. drug selling is illegal and you can still be arrested for that. they began doing evaluations a few years ago. you do not go to jail for possession of any drug in a small amount. and you are not drug tested. nobody gets thrown back in for dirty urines and all this sort of stuff. it's now been in place for 11 years. the research on that, and i recommend the piece in the british journal of crin knowledge and kid send it to -- cridge -- criminolgy. cases of h.i.v. and hepc and crime went down and people continued to seek treatment, that the rates of drug use in portugal did not go up at the same rates as comparable countries in europe. that suggests powerful evidence that you cannot just turn smling from a felony to a misdemeanor but eliminate the criminalization of drug possession, small amounts, without suffering negative consequences in terms of public health or public safety. now, when marty said before about people have no incentive to go into dr
Sep 26, 2012 6:00pm EDT
impost on greece, portugal, or ireland having any sort of effect on the economy or people's welfare or unemployment. i think people are saying we do not want to head in that direction. >> you have spoken about some of the effects on people already with the austerity measures in place. can you talk about housing and food? >> housing is a big issue because and the spaniards ended up buying houses or homes back during the main housing boom. and what has happened since then is first of all they bought these houses at very inflated prices. here we have over 25% unemployment so as people began to lose their jobs and as the housing payments went up, more and more people lost their homes. there has been a repossession of many, many homes. in spain, there is something very unique to our system. once the bank repossesses your home and when you are evicted and you lose your home, you are still liable for the entire debt. which means not only are people on the streets or having to find alternative housing, but they also owe hundreds of thousands to the banks. this is aggravated by the fact that
Sep 7, 2012 12:00pm CDT
: in which of these countries is spanish an official language? a. brazil b. portugal c. peru the answer is ahead in this hour of the wgn midday news. every load of laundry is worth about $200. really? one cap of downy protects $200 worth of clothes. prove it to me. ultra downy softeners protect fibers. there's no comparison. nice downy's pretty much saving our clothes. yeah, ultra downy saves loads. ♪ ♪ constipated? yeah. mm. some laxatives like dulcolax can cause cramps. but phillips' caplets don't. they have magnesium. for effective relief of occasional constipation. thanks. [ phillips' lady ] live the regular life. phillips'. time for sports: the bears kick off the regular season on the lake front in just two days, and besides a few minor injuries, they're ready for the colts. it's unclear if safety chris conte and punter adam podlesh will play. conte was limited in practice yesterday, while podlesh didn't even punt. brian urlacher was given the day off from practice yesterday but he still expects to play the entire game. his teammates are not concerned, a
Sep 27, 2012 1:00pm EDT
-- >> the new game is called bad piggies. this is an acronym used on wall street for portugal, ireland, italy, greece, and pain spain. piigs. two is there. let's give you the state of where they are right now. and the best way we thought was their ten-year yields. let's see if we can zoom in just a little bit here. portugal, their ten-year is yielding 8.9%. italy nearly 5.2%. here's what i think is the most interesting. ireland at 5.1. matching italy. even though ireland has had a full bailout, they seem to have the country that's coming back the most. they've actually been able to borrow money, which is unlike greece. spain still can borrow money. look at the yield on greece. 20%. this is the new debt, guys. right? so a lot of people think they're even going to default on their new debt. spain is yielding 5.9%. let's give you a look at where they stand when it comes to unemployment. pretty horrendous across the board. portugal 15%, italy 10%. ireland 14.7%. greece and spain above 24%. we want to drill down, though, into ireland because once again just as their yields are looking actually pre
Sep 9, 2012 7:30pm EDT
crisis in europe and bring down borrowing rates for italy, spain and portugal. they will buy government bonds with maturities of three years or less and will have no limit to the amount that they can buy. countries that want ecb assistance would have to apply for it and meet economic reforms. the program will be monitored by the international monetary funds. the markets like that plan a lot. a monster rally on thursday fooling that announcement and the dow and s&p 500 getting three-year highs and nasdaq posted a nearly 12-year high. stocks continued to rise on friday. auto sales continue in high gear. gm rising 10% from a year ago. ford up 13%. chrysler criming 14% and toyota up a whopping 46%. that's compared to earthquake related supply disruptions last year. all came in ahead of expectations and annual sales rate stands at 14.5 million cars. >>> it is an extraordinarily busy and important week from the jobs numbers to the ecb plan but there are plenty of other things to pay attention to as well. joining me to talk about that is black rock's chief global investment strategist ross koe
Sep 3, 2012 2:30pm PDT
, italy, portugal and greece are bottomless pits for eurozone rescue funds. the banks need vast amounts of fresh money. the ecb wants to help stabilize them by purchasing government bonds but they have reiterated britain's opposition to the plan. he said military policy should not be used to finance sovereign debt. it is something we should never do under any circumstances. many experts say there is no other way to stem the eurozone crisis. >> we still have tremendous problems in the european zone. we cannot get out of the problems the old-fashioned way. the new way is to buy massive european government bonds. otherwise, i see no chance to solve the european problem. >> the greek finance minister is coming to berlin to brief his german counterpart on the latest austerity package. at the end of the week, the eu, imf, and ecb tricot will reevaluate the process and they will determine whether or not happens receives the latest installment of bailout funds. >> on to the markets. european share start of the trading week with their biggest one-day gains in a month. our correspondent send us t
Sep 11, 2012 2:30pm PDT
, portugal to borrow at low interest rates. >> and adequate or hesitant policies and wavering is what led the european central bank to take such strong action. i think it will be necessary to win the time. >> the european central bank will only help countries that agree to implement tough reforms and austerity measures. once that some countries may not be prepared to accept. if the court rules against it, the german engine work -- german image would be damaged. if you would blame them for not getting the debt under control. >> eurozone bailout are figuring prominently and voting in the netherlands tomorrow. >> like germany, that country is funding struggling states and many want to see a cap on the taxpayer liability. >> the two major parties are opposed to more bailout and the electorate is suffering from austerity fatigue as they had to the polls. >> a litmus test for era. the conservative and the social democrats are leading the polls for the upcoming batch election. both say they are pro europe, but their approaches could not be more different. the prime minister of the netherlands ha
Sep 22, 2012 4:30am PDT
with portugal, and it is home to a population of 5000. people there came out in force to support him once he began his hunger strike in madrid. every morning at 10:00, people congregated on the plaza in front of the town hall. >> what the mayor is doing -- no one has ever done anything like that for us. no one has ever put up such a fight. the others all acted in their own interests. it is amazing what a positive example he is setting, not only for our town but for the whole region. but no one in the ministry is listening. >> he is fighting for his town. he is fighting to ensure we have enough money so that we do not need to worry about the elderly and young. we are losing everything in one fell swoop. we're going to be thrown back to the way things were in the 1960's. >> the sun beats down relentlessly in this part of the world. conditions here are ideal for the renewable energy and solar power industries. if they cannot flourish here, they cannot flourish anywhere, locals say. in albuquerque, a number of large-scale plans were in a pipeline. they would have produced clean energy and create
Sep 26, 2012 6:00am PDT
, but so much rain in spain and portugal is going to cause the risk of flooding. here's a look at your extended forecast. >>> two cities in the netherlands are expressing their country's friendship with japan with flowers. they have dedicated a new type of tulip for those affected by last year's earthquake and tsunami. evehard van der laan is in japan heading a trade mission to promote his city. the mayor revealed the new tulip is named tohoku after the affected area. a dutch commercial grower cultivated the stupid. it changes from orange to pink as it blooms. orange is the dutch national color. pink is associated with cherry blossoms, which the japanese love. van der laan and the mayor of amstel will visit the city on friday. they'll give bulbs to schoolchildren there. the dutch embassy plans to ship 11,000 more bulbs to sendai next year. >> i think that in the netherlands many people felt a lot of sorrow for the people of sendai, still do, of course. and this tulip can also be an expression of that. >> the netherlands has had close economic and cultural ties with japan for more than
Sep 28, 2012 6:00am PDT
the rain across portions of spain and portugal, which has been under severe drought, but report in the last 24 hours of 28 milliliters in just one location. that could bring the risk of some flooding out across portions of spain. you'll need the rain towards italy. wildfires have also been reported here. rome, a high of 29. berlin, autumn-like with 18 for your high, and the same in london. you want your jacket when you go outside on your saturday. 15 expected going through your weekend. here's your extended forecast. ♪ >>> we'll be back with more updates in 30 minutes. i'm gene otani in tokyo. .
Aug 31, 2012 6:30pm PDT
a declared independence from portugal in 1975. >> the opposition has been critical of the like toro process, pointing to issues with the voter roll. with 33 years in power, he is one of africa's longest-serving leaders. -- the opposition has been critical of the electoral process. >> new projects dot the skyline in angola's capital. ahead of the elections, the president cut the ribbon on one of these projects -- a promenade overlooking the atlantic. he cites the $360 million walkway as evidence of a hard- won peace and stability in the country. 10 years ago, things looked different. angola was wracked by civil war. it lasted 27 years and claimed nearly 500,000 lives. the building binge has been fueled by oil money. it is the power behind what has become africa's second largest oil producer after nigeria. it is made possible -- it has made possible 15% average growth between 2002 and 2008, but opposition candidates say the well has not trickled down to the country's 18 million people. they say while elites prosper, the vast majority remained mired -- remain mired in poverty. >> it is a diffi
Sep 11, 2012 7:00pm PDT
boost for spain, italy, portugal, ireland and greece which would rely on the finds to help stabilize not only the bond markets but help with debt repayments. let's not forget later today apple will be coming up with the new line of products, a lot of focus on the iphone 5 and we'll be looking at apple related shares here and how they trade as well and all the effects from those related shares. back to you. >> thank you so much, ramin at the tokyo sog. >>> help wanted, a governor to run the bank of england. they announced they will run advertisements to look for the central bank chief for the first time ever. the finance minister said the successor to mervyn king will be chosen through fair and open competition. the application requirements are expected to include work experience at the central bangor managed experience at major private banks. local immediate ya say foreigners who make the requirements may also be eligible. the advertisements will be placed in business magazines and other media at the end of the week. the government plans to name the new governor by the end of this ye
Sep 28, 2012 7:00pm PDT
and portugal, which has been under severe drought, but actually a report in the last 24 hours of 82 milliliters in just one location. that could bring the risk of some flooding out across portions of spain. you'll need the rain towards italy. wildfires have also been reported here. rome, a high of 29. berlin, autumn-like with 18 for your high, and the same in london. you want your jacket when you go outside on your saturday. 15 expected going through your weekend. here's your extended forecast. ♪ >>> the u.s. space agency has been analyzing images of mars' surface take bin the rover. images released on thursday show smooth gravel and stones in a layer of conglomerate rock. the same formations are seen on earth at ancient river sites. mission scientists say the size of the gravel indicates that the stream was fairly shallow between ankle and hip deep, and moved at about 3 feet per second. they say it's the first evidence of water-transported stones on mars. nasa officials say they haven't determined how long ago the stream flowed, but they say they're finding support of the possibility that li
Sep 13, 2012 11:00am PDT
. and the sort of places that were normally the beneficiaries of that were spain, greece, portugal. in the mid '90s, the very first european city region to capture objective one was merseyside. that was revolutionary. the money poured out, and the city you see today, there are blue plaques everywhere with the yellow stars of the european union. narrator: in addition to infrastructure and job training, the eu funded universities. there are probably 30,000 young people here between the ages of 18 and 21 engaging in some form of higher education. all of these things have grown up in the last ten years, and what that produces is this, again, another element of the new liverpool image. the kind of... the cachet of the lively city-- the place to come if you are 18 to 21 or 21 to 25. narrator: to make his point about the new demographic, lloyd suggested that some swedish geographers go visit the downtown matthew street district on a saturday night-- the place where the beatles once played. lloyd: they were absolutely amazed. i mean, they would laugh, but i'd say slightly scandalized by the prospect o
Sep 2, 2012 9:37am PDT
the portugal- like object of can accomplish that for better or lower cost, it is a matter of good public policy and a matter of ethics and morality. those three key moral points are fundamental in the state in this country. thank you. >> in closing the program, i want to thank all of you for coming to the 2012 justice summit. one thing that has distinguished our work in what we have done at these summits is action. if you look at over the past nine years, we have the evidence to prove that. out of our first summit came the call to have a community based collaboration that helped use and families work together on a community-based level. we have developed the programs for growth in our communities. out of the second summit came a call for better coordination of services and from that sprung the re-entry council. the official policy body. what we're looking to achieve this year is to make strides going forward particularly in the area of violence reduction and gangs. we have heard about the strategies today. we have seen the promise of law enforcement being able to work together with community-ba
Search Results 0 to 49 of about 177 (some duplicates have been removed)